1 month on rocket

1533 W 224th St, Torrance, CA, 90501

$1,750,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
9 Baths
4,586 SqFt
$382/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1533 W 224th St, Torrance$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingUncovered
Year Built1986
HeatingNone
CoolingNone
MLS #24371403
Lot Size0.17 Acres
StatusActive

About 1533 W 224th St

1533 W 224th St is a 6-unit Apartment Building constructed in 1986. Nestled in the vibrant neighborhood of Torrance, CA, this charming property offers residents a blend of modern comfort and urban convenience. The property provides an investor the opportunity to significantly improve the rents to be in line with the current rental market. This property is perfect for an investor looking for a value-added opportunity located in a growing rental market. Boasting a strategic location just minutes from the Pacific Ocean, this property taps into Torrance's allure as a hub of economic activity and coastal living, offering investors a gateway to the thriving South Bay region of Los Angeles County. Investors at 1533 W 224th St benefit from the city's diverse business landscape and strong job market, positioning this property as a lucrative asset in any portfolio.Additionally, the property enjoys easy access to several major highways, including Interstate 405 (I-405), Interstate 110 (I-110), and State Route 1 (SR-1), providing convenient routes for commuters traveling throughout the Greater Los Angeles area. With its desirable location, modern amenities, and proximity to parks, beaches, and major highways, 1533 W 224th St presents an exceptional opportunity for those seeking to blend stability with growth potential.

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 2
  • Living Area: 4,586 SqFt

Listing Office:

  • Office Name: TAYVAY Corporation
  • Office Phone: (916) 996-4421
  • Listing Agent: Taylor Avakian

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Humanities and Arts (Harts) Academy of Los Angeles, Public District Grades 9-12
  • Nathaniel Narbonne Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Alexander Fleming Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Meyler Street Elementary School, Public District Grades KG-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Starting from the 405 Freeway, head south on the I-405 S. Take exit 38 for Crenshaw Blvd, and keep right at the fork, following signs for Crenshaw Blvd S. Merge onto Crenshaw Blvd and continue straight for approximately 3 miles. Then, turn left onto W 223rd St. Take the first right onto Halldale Ave, and then turn left onto W 224th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $382/SqFt

Tax Information:

  • Annual Amount: $6,203
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Torrance, CA.

Map thumbnail provided by MapBox

Torrance, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$679

Avg. Days On Market

19

# of Sold Homes

91

1533 W 224th St vs Torrance

36 DAYS ON ROCKET

+17 Days

$1,750,000

+$740.9K More

$382/SqFt

-$297 Less

KEY TAKEAWAY

This property is $740.9K more than the Median Sold Price and $297/SqFt less than other homes in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24371403

Listing Office:

  • Office Name: TAYVAY Corporation
  • Office Phone: (916) 996-4421
  • Listing Agent: Taylor Avakian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 03, 2000Home Sold
$50,000
Jan 24, 1995Home Sold
$223,200

Tax History

YEARPROP. TAXASSESSMENT
2021$6,203$389,997
2020$15,660$1,220,388
2019$5,888$1,196,460
2018$5,726$371,012
2017$5,726$363,738

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1086573
4
/10

  • Meyler Street Elementary School

  • 1123 W 223rd St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-1086574
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 7.62 miles

  • Public Magnet Grades KG-5

school-card-donut-1086575
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 18.15 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-1086576
6
/10

  • Alexander Fleming Middle School

  • 25425 Walnut St

  • 2.22 miles

  • Public Magnet Grades 6-8

school-card-donut-1086577
4
/10

  • Studio

  • 2211 W Avenue 30

  • 19.80 miles

  • Public District Grades 6-8

High School

school-card-donut-1086578
4
/10

  • Humanities and Arts (Harts) Academy of Los Angeles

  • 24300 Western Ave

  • 1.38 miles

  • Public District Grades 9-12

school-card-donut-1086579
5
/10

  • Nathaniel Narbonne Senior High School

  • 24300 Western Ave

  • 1.38 miles

  • Public Magnet Grades 9-12

school-card-donut-1086580
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.71 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,485. Residents of Torrance, CA typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1533 W 224th St

What is the listing price of this property?

The listing price of 1533 W 224th St property is $1,750,000.

What type of property is this?

The property 1533 W 224th St is a house located in Torrance, California, 90501.

Is this property for sale now?

Active Listing: 1533 W 224th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1533 W 224th St are:
Meyler Street Elementary School: GreatSchools Rating 4/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Alexander Fleming Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Humanities and Arts (Harts) Academy of Los Angeles: GreatSchools Rating 4/10
Nathaniel Narbonne Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,203 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 3, 2000 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1533 W 224th St has 8 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 1533 W 224th St is 4,586 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1533 W 224th St is 1986.

Rocket Homes›California›Los Angeles County›Torrance›90501›1533 W 224th St

This home is located at 1533 W 224th St in Torrance, CA and zip code 90501 in the Harbor Gateway neighborhood. This 4,586 square foot home, which was built in 1986, sits on a 0.17 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,750,000.

While more than 52 listings in Torrance, CA in March 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 31 were sold below. In March 2024 in Torrance, CA there were 6.6% more homes for sale than in February 2024. While the average time on the market in March 2024 was 19 days, the median list price was $1,009,069.

From Rocket Homes Real Estate and based on county public records data.

More Resources